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Retail supply limps back to normal after GST chokehold
July 21, 2017 |by indiafood forum | Comments Off on Retail supply limps back to normal after GST chokehold | FOOD & GROCERY | India Food Forum 2017Aside from supply, confusion over the taxation category and improper Harmonized System of Nomenclature (HSN) codes are also adding to the problem…READ MORE
KEEP READINGPatanjali dream run in FMCG may be nearing end; rivals make big push
July 21, 2017 |by indiafood forum | Comments Off on Patanjali dream run in FMCG may be nearing end; rivals make big push | FOOD & GROCERY | India Food Forum 2017, PatanjaliBaba Ramdev-owned Patanjali’s dream run in the FMCG segment is finally under a serious threat. While the company aims to double its revenue to Rs 21,000 crore this financial year, top FMCG players have gone whole hog in their bids to recapture market shares across segments…READ MORE
KEEP READINGJubilant continues its street party, experts say exuberance irrational
July 20, 2017 |by indiafood forum | Comments Off on Jubilant continues its street party, experts say exuberance irrational | FOOD SERVICE | Domino’s Pizza, Jubilant FoodworksJubilant FoodWorks managed to record a higher-than expected revenue growth in the first quarter, but analysts continue to maintain a cautious outlook on the shares of the Domino’s Pizza maker…READ MORE
KEEP READINGKitchen in the cloud: Food tech startups see a recipe for success
July 20, 2017 |by indiafood forum | Comments Off on Kitchen in the cloud: Food tech startups see a recipe for success | FOOD SERVICE | Kitchen in the cloudWith the appetite for dining out taking a downward course as people increasingly choose to abstain from traffic and eat in the comfort of their homes, food-tech startups that cater to delivering this experience for them have been mushrooming over the years. This is corroborated in the overall investments in food-tech in 2016 which displayed a partial uptick from the previous year…READ MORE
KEEP READINGMcDonald’s to serve food on your table in India too
July 20, 2017 |by indiafood forum | Comments Off on McDonald’s to serve food on your table in India too | FOOD SERVICE | McDonald'sAmerican quick service restaurant (QSR) chain McDonald’s Corp. has started offering table service at a few stores in western India as part of the company’s global transformation strategy, billed ‘experience the future’…READ MORE
KEEP READINGGurgaon comes alive with food trucks
July 20, 2017 |by indiafood forum | Comments Off on Gurgaon comes alive with food trucks | FOOD SERVICE | Food trucksEvery evening, the parking lot of Leisure Valley in Sector 29 of Gurgaon comes alive with food trucks. Given the cosmopolitan and experimental nature of the people of the city, it’s hardly surprising that these mobile eateries have joined trends such as fancy breakfasts, organic food and breweries that have come to be associated with Gurgaon…READ MORE
KEEP READINGGEA to build Asia’s largest milk production facility in Gujarat
July 20, 2017 |by indiafood forum | Comments Off on GEA to build Asia’s largest milk production facility in Gujarat | FOOD & GROCERY | AmulFed Dairy, Gujarat Co-operative Milk Marketing FederationGlobal equipment and process technology provider GEA on Tuesday said it has received an order from the AmulFed Dairy, a unit of Gujarat Co-operative Milk Marketing Federation (GCMMF), to build milk production facility in Gandhinagar, Gujarat…READ MORE
KEEP READINGDesi fizzy drinks add juice to cut GST
July 20, 2017 |by indiafood forum | Comments Off on Desi fizzy drinks add juice to cut GST | FOOD & GROCERY | Coke, GST, Pepsi, SpriteLocal beverage players, numbering in hundreds, have firmed up plans to add fruit juice to carbonated beverages as part of their attempts to lower the Goods and Services Tax (GST) burden. While fizzy drinks such as Coke, Pepsi cola and Sprite attract 40% tax under GST, beverages based on fruit pulp or fruit juice fall in the 12% tax slab…READ MORE
KEEP READINGAlibaba wants a stake in BigBasket
July 20, 2017 |by indiafood forum | Comments Off on Alibaba wants a stake in BigBasket | FOOD & GROCERY | Alibaba, BigbasketChinese ecommerce giant Alibaba has joined investee firm Paytm Mall in the talks to pick up a stake in BigBasket, according a person familiar with the developments. Separately, India’s largest online grocer is holding fundraising talks with Singapore’s sovereign wealth fund Temasek Holdings and China’s Fosun Group as well, another person said…READ MORE
KEEP READINGSaraf Foods to invest Rs 60 crore in new manufacturing plant
July 19, 2017 |by indiafood forum | Comments Off on Saraf Foods to invest Rs 60 crore in new manufacturing plant | FOOD SERVICE | India Food Forum 2017, Saraf FoodsWith the aim to diversify into air drying, adding capacities in freeze drying and strengthening backward integration, Saraf Foods Limited, a Vadodara-based freeze dried specialist food processing company, will invest Rs 60 crore in an all new unit at Waghodia in Vadodara district…READ MORE
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